Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced ...
Gerstner moved to IBM from being the CEO of RJR Nabisco in April 1993 after stints at American Express (AXP.N) and the ...
He changed the culture and found a new business mission for the storied company that had fallen on hard times.He died Saturday at age 83.
The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.
Gerstner joined IBM from RJR Nabisco in 1993 to rescue the company at a time when it was reporting multibillion-dollar annual losses and oversaw a regimen of job cuts and plant closings as he slashed ...
Louis Gerstner, the former chief executive officer credited with saving IBM Corp. from bankruptcy, has died aged 83, the ...